# AQR Managed Futures Strategy HV I (QMHIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/qmhix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2013-07-16 The Fund endeavors to deliver positive absolute returns, meaning its goal is to generate profit regardless of overall market movements. To achieve this, it principally allocates its capital to a portfolio comprising futures contracts, other futures-linked instruments, and equity swaps. The managing advisor aims to maintain the Fund's annual volatility within a target range of 7% to 20%. The inclusion of "HV" in the fund's name indicates its adoption of a higher volatility investment strategy. ## Key Facts | Metric | Value | |---|---| | Price | $11.20 | | Expense Ratio | 4.41% | | Assets Under Management | $1.64B | | NAV | $11.20 (2026-11-06 close) | | Holdings Count | — | | Distribution Yield (TTM) | 1.80% | | Annual Distribution (TTM) | $0.20 /share | | Distribution Frequency | Irregular | | 52-Week Range | $9.60 – $12.51 | | Beta | -0.22 | ## Latest Distribution - Amount: $0.1390 /share - Ex-date: 2025-12-29 - Pay date: — ## Frequently Asked Questions ### What does QMHIX invest in? The Fund endeavors to deliver positive absolute returns, meaning its goal is to generate profit regardless of overall market movements. To achieve this, it principally allocates its capital to a portfolio comprising futures contracts, other futures-linked instruments, and equity swaps. The managing advisor aims to maintain the Fund's annual volatility within a target range of 7% to 20%. The inclusion of "HV" in the fund's name indicates its adoption of a higher volatility investment strategy. ### What is the expense ratio of QMHIX? AQR Managed Futures Strategy HV I (QMHIX) charges an expense ratio of 4.41%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is QMHIX? AQR Managed Futures Strategy HV I (QMHIX) manages $1.64B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is QMHIX actively managed or an index fund? QMHIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (QMHIX's is 4.41%) in exchange for the discretion to over- or under-weight positions. ### When was QMHIX launched? AQR Managed Futures Strategy HV I (QMHIX) launched in July 2013 and is managed by the fund issuer. ### How has QMHIX performed? QMHIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does QMHIX pay a dividend? AQR Managed Futures Strategy HV I (QMHIX) currently distributes little or no income. Trailing-twelve-month yield is 1.80%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does QMHIX pay dividends? AQR Managed Futures Strategy HV I pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is QMHIX's dividend yield? QMHIX's trailing-twelve-month yield is 1.80%, calculated from the sum of dividends over the past year divided by the current price. ### When is QMHIX's next ex-dividend date? The most recently announced ex-dividend date for QMHIX was 2025-12-29. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will QMHIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 4.41% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does QMHIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from QMHIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does QMHIX cost more than a fund like VOO? QMHIX is actively managed (current expense ratio 4.41%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether QMHIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to QMHIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as QMHIX (4.41%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/qmhix - Distribution history: https://www.dividenddata.com/funds/qmhix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/qmhix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/qmhix/expenses - Peer comparison: https://www.dividenddata.com/funds/qmhix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.